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$1,350,000
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Property Description
5-unit multifamily investment in Miami's Allapattah neighborhood offering in-place income, immediate lease-up upside, and longer-term redevelopment optionality. Four 2BR/1BA units plus a legal detached 2BR/2BA, five separate electric meters, and one vacant unit. Historical T-12: NOI, representing a 6.76% cap at the $1.35M asking price. Approx. 6,534 SF site currently zoned T4-R. Adjacent lot is T5-L, providing a relevant nearby zoning precedent for buyers evaluating future rezoning, mixed-use, workforce housing or Live Local strategies. Near Wynwood, Miami Health District, Downtown, SR-836, I-95, and MIA. Redevelopment potential is subject to independent verification and City approvals.
Full Property Details
Full Property Details for MLS# A12077917
General
- Price: $1,350,000
- Taxes: $12,053
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A12077917
- Updated: 9/16/2026
- Added to Site: 35 day(s) ago
Business
- Business Type: Apartments, Residential-Multi-Family
Rental Information
- Lease/Rent Term: Annual Lease
Interior
- Flooring: Other, Tile
Additional Information
- Security/Safety: Other Fire Protection, Smoke Detector(s), Security Gate
Parking
- Total Spaces: 10
- Parking Features: Assigned
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 5
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: Other
- Roof: Other
- Windows: Clear Impact Glass
- Stories/Levels: 2
- Year Built: 1937
Unit Information
- Units in Complex: 5
Lot Features
- Lot Size (Sq. Ft.): 6,534
- Zoning: 3900
Financial Considerations
- Operating Expenses: $17,527
- Tax Amount: $12,053
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: Electricity, Trash Collection
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Copy Of Lease(S), Rent Rolls
- Legal Description: 26 53 41 EDEN PARK PB 7-29 LOT 22 LESS S5FT TO CITY LOT SIZE 6650 SQUARE FEET OR 16240-4682 0294 1 COC 25209-1975 12 2006 1
- Inclusions: Building & Land, Fixtures, Leases
- Property ID: 01-31-26-029-0200
Listed by Real Estate Sales Force
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Price & Sales History for MLS# A12077917
Date
Details
Price
Change
Source
8/25/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for MLS# A12077917
MLS# A12077917, Miami, FL 33127 (MLS# A12077917) is a Apartment property. MLS# A12077917 is currently listed for $1,350,000 and was received on August 25, 2026. Want to learn more about MLS# A12077917? Do you have questions about finding other Apartment real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

